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VeraSun Secures Creditor Funds to Keep Running

CHICAGO -- VeraSun Energy Corp. won court approval to tap about $250 million in funding from creditors, allowing one of the U.S.'s top ethanol producers to remain in operation.

The Brookings, S.D., company expected to receive $40 million to $50 million in funding from secured creditors later Monday, after filing for bankruptcy protection Friday, warning a cash crunch could force its closure.